Stamp Duty Calculation for a Property Costing £500,000
You entered a purchase price of £500,000. Given this, the stamp duty due will be as follows:
| Price Band |
Percentage payable |
Stamp Duty Due |
| Up to £125,000 |
0% |
£0 |
| Up to £250,000 |
2% |
£2,500 |
| Up to £925,000 |
5% |
£12,500 |
| Up to £1,500,000 |
10% |
£0 |
| Above £1,500,000+ |
12% |
£0 |
Total stamp duty due is £15,000Perform another calculationLast updated: August 2015. Uses stamp duty rates for England and Wales implemented on 4th December 2014
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